Marani Brands Inc. (MRIB)

[Matthew Berg]

Has anyone sorted out the lack of a license to operate in California? From what I can see only Margit's company Marani Spirits is in good standing. There is question as to jurisdiction as the public entity is in Nevada and the subsidiary is in California. But you can't run the public entity through the sub. That's a no-no. This also may explain the mysterious subscription fee on the March financials. Margit has a consulting agreement which should be published but isn't but my suspicion is that it has something to do with private placements and money coming in through stock sales and a portion going right out the back door to Marani Spirits. It's all VERY fishy. This is not to mention the $6 million the three siblings received already that we know about, Magrit's $500,000 severance package in 2008 before returning nine month later and what appears to be the same scheme all over again. None of this is arm's length which should be a concern. It's all very secretive and a very twisted web of different deals and companies all controlled by the same three people. Who, don't forget tanked the same concept and business plan to the tune of $30 million in shareholder money not five years ago.